Marks and Spencer has escalated its public campaign against rising retail crime, directly challenging the Mayor of London, Sir Sadiq Khan, and Home Secretary Shabana Mahmood over what the retailer
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Next PLC has drawn renewed investor attention following its recent upward revision to profit guidance, although analysts caution that escalating geopolitical risks present material headwinds to near-term performance. The fashion
Lush Cosmetics has experienced a surge in costs due to skyrocketing cocoa prices and new packaging taxes, despite witnessing growth in sales. Cocoa butter, a crucial ingredient in many of
Stuart Machin, the Chief Executive Officer of Marks and Spencer, has raised significant concerns regarding the potential implications of Labour’s proposed overhaul of workers’ rights. In a recent statement, he
The chief executive of Next has expressed concern regarding the government’s potential to benefit financially from the ongoing crisis in Iran. With rising oil and gas prices expected to result
In a recent financial update, Morrisons reported a 2.6 per cent increase in total sales, amounting to £4.1 billion during the first quarter. Rami Baitiéh, chief executive of the supermarket
JD.com, the prominent Chinese retail giant, has made a significant advancement into the UK market with the launch of its new online shopping platform, Joybuy. This entry presents a challenge
Theo Paphitis has assumed the role of interim chief executive at Robert Dyas, as the veteran retail entrepreneur aims to revitalise the struggling homewares chain. The former investor from Dragons’
A French jewellery tycoon has initiated a plan to rescue Clares, following the collapse of the British arm of the high street retailer into administration for the second time within
John Lewis has announced a financial loss exceeding £20 million, attributed to the decision to distribute bonuses to staff for the first time in four years. This payout comes as
Asda is distributing bonuses to thousands of employees, even though the company has not met its financial targets during an ongoing turnaround programme. This decision reflects a commitment to rewarding
John Lewis, a retailer with a 162-year legacy and a commitment to the motto “Never Knowingly Undersold,” is embarking on a significant digital expansion designed to adapt to the evolving
Mike Ashley’s Frasers Group has acquired a near 6 per cent stake in Puma, marking a significant move in the dynamic world of retail investment. The acquisition, which totals 5.77
The chief executive of Greggs believes there is potential for significant growth despite the recent downturn in profits and a slowing sales growth in the current financial year. The bakery
The chairman of Asda has stated that the Government has become increasingly challenging to engage with, expressing concerns over a lack of support for the retail sector. Allan Leighton, who
The owners of WH Smith’s former high street shops have engaged advisers to develop a restructuring plan for the business, less than a year after acquiring it. Modella Capital, a
